Shares of PCSB Financial Corp (NASDAQ:PCSB) have been given a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Analysts have set a 12-month consensus target price of $19.00 for the company, according to Zacks. Zacks has also given PCSB Financial an industry rank of 20 out of 265 based on the ratings given to related companies.
Separately, BidaskClub upgraded PCSB Financial from a “hold” rating to a “buy” rating in a research report on Thursday, December 7th.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Nationwide Fund Advisors lifted its position in PCSB Financial by 10.4% in the third quarter. Nationwide Fund Advisors now owns 37,163 shares of the company’s stock worth $701,000 after purchasing an additional 3,505 shares during the period. Victory Capital Management Inc. lifted its position in shares of PCSB Financial by 5.1% during the 4th quarter. Victory Capital Management Inc. now owns 82,604 shares of the company’s stock valued at $1,574,000 after acquiring an additional 4,004 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its position in shares of PCSB Financial by 22.5% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 34,785 shares of the company’s stock valued at $663,000 after acquiring an additional 6,385 shares during the last quarter. BlackRock Inc. lifted its position in shares of PCSB Financial by 0.9% during the 4th quarter. BlackRock Inc. now owns 938,995 shares of the company’s stock valued at $17,888,000 after acquiring an additional 8,771 shares during the last quarter. Finally, Cannell Peter B & Co. Inc. lifted its position in shares of PCSB Financial by 50.0% during the 3rd quarter. Cannell Peter B & Co. Inc. now owns 29,999 shares of the company’s stock valued at $566,000 after acquiring an additional 10,000 shares during the last quarter. Hedge funds and other institutional investors own 41.33% of the company’s stock.
Shares of PCSB Financial (NASDAQ PCSB) traded down $0.17 during midday trading on Thursday, hitting $19.71. The stock had a trading volume of 147,900 shares, compared to its average volume of 41,459. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.82 and a quick ratio of 0.81. PCSB Financial has a fifty-two week low of $15.76 and a fifty-two week high of $20.47.
PCSB Financial (NASDAQ:PCSB) last released its earnings results on Thursday, January 25th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01. The firm had revenue of $10.88 million during the quarter. PCSB Financial had a return on equity of 2.87% and a net margin of 3.98%.
PCSB Financial Company Profile
PCSB Financial Corporation will be the holding company of PCSB Bank (the Bank). The Bank is a mutual savings bank. The Bank attracts deposits from the general public and utilizes those funds primarily to originate and purchase residential real estate, commercial real estate and business loans, and to purchase investment securities.
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